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Contour Enters Live Production To Digitize B2B Trade Finance

PYMNTS

Businesses and banks will begin using the platform by focusing on the Letter of Credit (LC) process, which the organization said is a longstanding, pivotal payment method with “one of the worst user experiences,” according to the announcement. Ant, which runs the Alipay mobile payment app, debuted Trusple in Shanghai on Sept.

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Shopify To Launch New BNPL And Banking Tools For Merchants

PYMNTS

Kaz Nejatian, vice president and general manager of Shopify’s financial-solutions team, told Canada’s National Post newspaper that the firm plans to develop Shopify Balance’s software and user experience, but partner with an actual bank so that customers’ funds go into federally insured accounts.

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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

Dimon’s comments come at a time of aggressive growth and gains by numerous digitally native startups that have modernized and streamlined online banking and payments for the masses. billion people – will likely be using online and mobile banking services by 2024. We've got to do more of it.”. On Monday (Oct. 5) NCR Corp.

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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

PYMNTS

Many members first engage with their CU through its website or other online portal. In recent weeks, some CUs have stepped up efforts to make their online offerings more accessible to disabled users. Meanwhile, another partnership could change the way users engage with a CU’s network of ATMs.

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Mastercard Partners With Four Retailers For Pay By Bank App

PYMNTS

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. ’s Faster Payments service to give users the option of paying for goods with their bank account.

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Relias Teams Up For Healthcare Payroll, Workforce Management

PYMNTS

As part of the partnership , DATIS will attend and sponsor the upcoming Relias Impact Nation 2018 conference for the second year running to promote the complementary aspects of the Relias and DATIS platforms. Relias is also the leader in online training and compliance solutions for the Health and Human Services market.

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Brex Launches Vancouver Tech Hub With 40 Employees

PYMNTS

The new hub will target software engineering and user experience processes. They previously founded the online payments company Pagar.me. Technology, and payments specifically, are by their nature global industries, so Brex products and services are improved by our team’s multitude of experiences, connections and context.”.